NEW YORK, Aug. 6, 2015 /PRNewswire/ -- Videology – a leading software provider for converged TV and video advertising – found that advertisers are increasingly using TV audience data to better inform their digital video campaigns and produce more cohesive cross-channel advertising campaigns.
According to an analysis of all impressions run through Videology's platform in the second quarter, the number of U.S. video campaigns using TV audience data to target specific TV audiences with digital video almost doubled since the first quarter, jumping 91%.
Videology's 2nd Quarter U.S. Video Market At-A-Glance analysis also found that of the TV data segments used by advertisers, 28% of them were "custom-created," meaning they were built specifically by the advertiser to reach discrete audiences based on their goals. Custom segments may include, for example, reaching audiences who were unexposed or underexposed to a brand's ad on TV, or targeting audiences based on their exposure to a competitor's TV ad.
"In this era of convergence, brands are looking for ways to most efficiently and effectively reach their consumers. In most cases, cross-screen planning and buying drives both of these metrics," said Scott Ferber, Videology Chairman and CEO. "With so much cross-screen data now at advertisers' fingertips, the planning siloes between TV and digital video campaigns are truly coming down."
Similarly, brands continued to plan digital video campaigns across multiple screens – 70% of digital video campaigns ran across more than one device, a stark difference compared to just a year ago, when only 22% of all campaigns ran cross-device (Q2 2014). Even more striking, last quarter 44% of all digital video campaigns ran across three devices—PC, mobile and connected TV--compared to only 5% in Q2 2014.
Additionally, the analysis found that brands are placing increasing importance on viewability measurements; in Q2, 31% of campaigns were specifically optimized for viewability – a 165% increase over the same period last year.
Other key findings from the second quarter analysis of Videology's platform include:
- The cumulative number of campaigns running on more than one device has increased 11x year-over-year, representing 70% of all campaigns.
- The total number of campaigns in Q2 containing a mobile element increased 10.5x year-over-year, accounting for 74% of all campaigns in the quarter. Comparatively, in Q2 2014 only 25% of campaigns used mobile.
- Total TV audience segments used increased 63% quarter-over-quarter.
- The most popular TV audience segments used by advertisers in Q2 were:
1) Sports Viewers
2) Political Show Viewers
3) News Show Viewers
4) Primetime Viewers
5) Adults Exposed to Children's Programming
Videology's 2nd Quarter U.S. Video Market At-A-Glance can be found at the following link: http://bit.ly/1MNdEAw
Videology (videologygroup.com) is a leading software provider for converged TV and video advertising. By simplifying big data, we empower marketers and media companies to make smarter advertising decisions to fully harness the value of their audience across screens. Our math and science-based technology enables our customers to manage, measure and optimize digital video and TV advertising to achieve the best results in the converging media landscape.
Videology, Inc., is a privately-held, venture-backed company, whose investors include Catalyst Investors, Comcast Ventures, NEA, Pinnacle Ventures, and Valhalla Partners. Videology is headquartered in New York, NY, with key offices in Baltimore, Austin, Toronto, London, Paris, Madrid, Singapore, Sydney, Tokyo and sales teams across North America.
For more information, contact Michele Skettino at Michele@videologygroup.com or 212-231-7853.
To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/advertisers-ramping-up-use-of-tv-audience-data-to-target-complementary-video-campaigns-300124461.html